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Lein Law Offices Sets The Bar In Wisconsin: Debt Buyers Beware!

Debt collection is a booming business - not so much for consumers, but for those mysterious companies that seem to call at all hours of the day.

For those who find themselves pursued by debt collectors, it can seem like there's no hope in sight. People can be lost in confusion as they receive multiple letters all claiming they own multiple businesses the same amount of debt.

Fortunately, there is hope. Under the Fair Debt Collection Practices Act, the Wisconsin Consumer Act, and other consumer friendly laws those wronged are fighting back and the Lein Law offices of Hayward, Wis. are at the forefront of protecting consumers from debt collectors.

Attorney Matt Lein of the Lein Law Offices recently set the bar for Wisconsin consumers in which a debt collector insufficiently provided evidence of notifying his client in a timely manner of his debt and failed to display evidence showing that the debt collection agency even owned the rights to his client's debt.

In Gemini Capital Grp., LLC v. Jones, 2017 WI App 77, 378 Wis. 2d 614, 904 N.W.2d 131, 132 (Ct. App. 2017), Gemini Capital Group filed a suit against Lein's client in an attempt to recover a deficiency judgment, but Lein successfully proved that the debt had switched multiple hands and had failed to contact his client with each switch.

This happens all too often in the business of debt collection - and it's illegal. Lein, who has sat on several large - and precedent-setting - class action lawsuits, was able to force Gemini to admit that it's a common practice to simply show transfers of debt, and without listing individual debt.

This isn't the first time it has happened and it won't be the last, but the Lein Law Offices are determined to put a stop to it. Thanks to Lein, more owners of a consumer debt bundle must show it actually owns the specific individual's debt which is contained in the bundle.

So the next time you receive a letter from a debt collection company, don't throw it away and call Lein Law Offices.

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Hayward Office
15692 North Highway 63
Hayward, WI 54843

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Phone: 715-403-5045
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Winter, WI 54896

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Hayward, WI 54843

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